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Home My WebLink About1557 To pi~ce +~d continuanly k~ap on tM bvildiops now a hK~ah~r utuat~ on saW land and a+ +11 xqutpme~t ~od pasonalty cover~d by thts nwrp~ , ye, with all premlums ri+erea~ paid in fuli, fero insvr~nct in the uswl standud policy form. in • ~wn approv~d by tl+s lNORiGAGEE. and wi~btorm ieawanc~ k~ tM ~swl uaodard policy fwm, in • sum •aP~ov.d br t!?~ MORTGAGEE, in wch aomp+ny or con?P+^i~+ +s th~ MORTGAGEE reuy dirMr ~d +11 fin ~nd windswnn i~?s~ra~c~ polkas on ~oy of iaid build~np~, aoy in~sr~s~ th~rein a part tMreof, In tM ~y~e9ar~ svm ~fa~said ar fn ~xc~ss tMroo1, ihall contain tM uswl standud mor~yapM cia~u or sucF~ aha clavs~ ss tM Mor~p+~ may reqvua .makinp tM loa uoda aid pdb ci~s, eacA a++d ~very. parabk b s~id MORTGAGfE as it~ inte~eat may ~ppsa~. a~d ~+cl~ +nd way such Policy sMll b~ promptly ~ss:~ned and d~live~ed to ~ny MW by s~id MORiGAGEE as fwtha setvrity to uid mortp+y~ d~bt. ~nd. na less ~Mn ren (10) days tn advann of ~M ~xpi.+tion of each pol'~cy. ro d~ IivN ro said MORTGAGEE • ~~new~l thenof, to9ttMr with ~ receipt fa the p?~mium of wch ~~new+l; u~d tha~ sha11 be ra f~r~ w winds~wm inwra~u placsd on ~ny of s~id buildinps, any inter~st tMnin or p+rt tMnof. vnless in the fwre snd wifh fFw loss payabl~ ss ~fonsaidJ and in t!M ~wM any swo of mo~ey becares p~yable ~nde~ such polky or policNs s+id MORTGA('aEE shall haw t!w option to ncaiw and apply the sun~ on +ccowH of tM iod~bted~ neu siecw~d I~ebp a a per+nit said MORTGAGORS ro nceiw snd us~ H or any pal thereof fa other pvrposes. wilhout thareb~ waivi~y a imp+K- iny ~ny puity, 1'~en or rght ~?nde? o~ by virtw of tha morty+pe; u+d i~ tM ~vaN said MORTGAGORS thall fw sny reaion iail fo keep ths aid prNe4q w insured. w f~il w dtliver promptly a~y of said policies of insw~~cs ro said lNORTGAGEE. w fait prc+mp~ly to p+y futly any pramiwn therefor w in anr respec~ fail b pt~fonn, disch~rqe, execu% ~ffecl, compleb, comply vrith ~nd abid~ by this oove~+nt. a any part her~of, s+id MORTGAGEE m+y plap a~+d peY for s,xh insu.anu o~ any part tlwreof wirhout wstvinp or afhctinp s~y optan, li~n, puity. a right unda or by virtw oF this Mwt~. ~nd tM , full anwuM of sach and ~wry such p+yment sMll M imnediately dw a~d pyabb and shall bea~ interest from th~ d~t~ thereof until psid at tha ~ah ol i niri~ pK cer?tum pK ao++um and together with such inesrest ~hall be secured by fh~ lisn of this mo~i~ye. 1. To pearut, oanmit or wff~r no wsste, irnp~irmsm or d~terior~tion of wW p~opsrty w aoy psrt thereof. S. To pay sU ad sirgvls~ ths costs, ch~rpes ~nd ~xpsmew i~+'audug + n+son+bl~ ~tto?ney's fe~ snd ooin of abstracts of tids, incvrr~d or p~id ~t ; any Ywew by sad MORTGAGEE, becavse or in tM ewnt of tM failure on the p+r+ of tM ssid MORTGAGOR to duty, promptly a~d fully perfor~, disch~ro~, ; axecvts, effect. complet~. comply with and abid~ by e~d+ u+d every the stipulatia~s, ~yreements, tonditions, and cownanb oi s~id promissory ~ot~ and tFw f mort~~ sny w atl+er. and sa~d costs, chuyes snd ~xpsrnes. e~cfi and every. shatt b~ inwnediately d~e and psyabk: whether w aot ti?ere b~ notice da msnd, ancmpt ro colkct or wit pend~n9J and tM f~ll xnount of eath and every suth P+Ymen~ sh+~~ be+r interest from the date thereof w?HI p~id at th~ rare of nine pe? cMtum per amwm; ~nd all ssid oast~„ chuyes u+d expenxs incwred a p+id. 1op~ther w~th such interesl, sh~ll b~ s~cured by 1M lie~ of this ^wHQ+p~• ~ b, 'fh~t (a) in the ewnt of ~ny bresch of this AAwtyape or defsult on tlr part of ths MORiGAGOR, w(b) in tM event ~~y of s~id sums of mon~y herein referred to be not promptly snd fully paid within thirty (30) days neat after the same sever+lly become due and p~yabie. without damand a nofkt. or (cJ in ti+e event ead~ ar~d ~very the stipulatioas, sgreemsnts, co++ditiau ~nd coven~nn of sa:d pran'~ssory not~ ~nd this ma~gape any or either ar~ eo1 iufy, promptly and fully perfam~d. d~scMrged. ~xecut~d, ~ffeded, compkt~d. comP~ied with eod ~bided by. tlwn in either a ~ny such rwnt tiN said a¢ gregste wm mcroia+ed in said promissory note then r~maininy ~~p+id, with interost ~cuued, and ~II moneys secured hereby, shall beeome dw ~d p+y~ able forthwith, a thereafter, ~t the option of said MORTGAGEE, ss fully ud compktely as ff all of the ssid wms of money were orpin~lly stipulated ro be paid on such day, anylliug in said promiasory no~e or in Ihis llAort9a~e to the contrary notwitlutsndiny; and thereupon a thereaher a1 tM option of said MORTGAGEE, witho~t notic~ or dsmand, wit ~t law w in puity, ti~erefore or thcreafter bag~n, msy be prosecufed as if sll mon~ys s~cured hereby had mstured ptior to its institutia+. 7, That in tF+e event that st the begiMing of or +f any tune pendinp sny wit upoe this Mwtgage, or to foreclos~ it, a to ?~form it, or to enfwa payment of sny claims he.eunder, siid MORTGAGEE shall apply ro the Coun having. jwisdictio~ th~reaf for the appointment of ~ Receivsr, wch Court shall fortF„with sppo~nt a receiver of said mortgaged property all u~d ~inp~lar, includ~ng a!1 and sing~lu th~ income, profifs, issues and ~~wnues from whattwr . so~rce daived. exh and every of which, it beinp ~xpreuly understood, a hereby mortgaged ~s if tpecifically set forth and dewibed in the ~rintinp and habendwn dauses hcreof, ~nd such Reeeiver shsll Mve ~II the broad and effective func~:ons and powcn i~ anywise entrusted by a Gourt to • Receiver, and such appointment skall be made by wch Cowt u an admitted equity snd s m~nar of absolute ripM ro said MORTGAGEE, and without nference ro the . edequ~cy or inadeqvacy of the vslue of the property mort9sped or to the w~vency or insolver?ty of taid MORi~'aAGOR p the defend~~ts, and that such renrs, profin, income, issues and revenues shall b~ applied bY +uch Receive. according to the lie~ w eqvity of said MORTGAGEE and the pwctia of such Coutt. 8. To duly, p?omPtly ~nd fully perfam, ~xharge, execute, effect, complete, comply with u~d abid~ by csch and ewry tlr stipulatioos, ayreert~ts, conditions and coverwnts in said promissory nots and this matqsgs set fwth. 9. That in ti~e evem tl+e ownership of the mortp+ped prcmises, a ~ny part thereof, becomes vested in i person othe? than the MORTGAGOR, th~ MORTGAGEE, iri s~ccesscn and assig~u, may, without notice to the N10RTGAOR, deal with w:h wccessor w suaessor in interest with refere~ce to this mortga~e and the debt hereby secured irt the same maoner as with Mortgagw withovt in a~y wsy vitiatinp w d~xharginy fhe Mutgagors' liabilify !wr under w upon the deb~ hereby secured. No ssle of the premises hereby mwtgsged and no fabearsnce on the part of the MORiGAGEE or in suaeuon or suigns a~:l no extension of tF~e time fw ths p+yment of tM debt hereby secured given by the MORTGAGFf or its successoa or ~ssigns, shall opswt~ to releue, d~xharge, mod~fy charge o~ affect the wigu?al fiabiGty of the /NORTGAGOR herein, either in whote or in put. 10. It is ,speciP~capy agreed thst time. is of the euence of thq contract and that ~o wsive? of any obligation hereunder a of tM oWg~tion se~ cured hereby shall at eny time thereaft~r be held to be a wsiver of the terms hereof a of the ins?rumem secured herby. 11. In add~tion to the forego:ng monthly paymmtt of princ:pal and interest required by the p?omiuory note secured hereby, mort9agor cowo+nb and sgrees to pay to mortgagee with each monthty paymcnt an add~rional swn• estima~ed by mortgsyee to be eqwi to 1/12 of the annual cost of the folbw- 1~. A--AII real property ta:esi levied a assessed ayainst the above desvibed real estate. , B-P~emiums on fire and windstorm iruwante as hertin requ:red to be orried on 14x improveme:tts situafe on the sbove destribed premises. C-Premiums on such mortgage guaranty insurance as mortgagee iF?all from t~me to time deem fit to carry on the lo~n secured hereby. Mortgagee shall from time ro time notiiy mortgagor in writing of the ameunt due snd payable herew~der snd such wm shall thereupon be due and payabk a+ the due date of the next ma~thly psyment arx! each successive month thereafter until mwtgagee shall notify mortgagw of a chanp~ in wcl+ ~ amounf. Such sums shal! be applied by mo?tgagee toward the payment of real property taxes, insursnce prem:ums, and mortgape yuaranry insurance ~ premiums. • ~ IN WITNESS REOF, the ~ MORTGAGOR h~s hereuMO set iws hand snd ual the day ~nd year firsf tforessid. ~ ` ~ ~ ~ FlLEC ANQ RECOR~JEO ' ' ~ - : ~F C~UNTY. F! r• ?•s~e-vx~ ~<ztic.u~u-c..;s.,0 ~ - ~LC'_ ,s~ ~ . ~ . 18445.~ ~ _ . , ~ 7 n; ~ ~~~n ~ 2tl a~•1 i ~ : 58 -~_~~;:,.,f~. • ~ STATE OF FLORIDA , ~ z~~ ` ` ~ - E $T ~ I..t~CIB ~ , ~ t" ~ ~J ' ~ . ~ cour~n oF ; ti _ ~ ~~~iy An~o~~?t !a t ini a widow : s : ' ~ ~ ' ` = ^ L~ L: R C I to me wen k~lown ".p~'~no~se 1a b+i` - u .i~: - rhe ind'svidwlj desvibed tn snd wfio ~xecuted the fae~oinp instrwnsnt, and adcnowtedped !»fon m~ tMt ~hey ~xewt~d !F3.~~!.~~iq. therein expressed. ~ , • yI; t. ~ s wITNESS n?r h.na .na offki,~ .ea~ . ~y Oct t p. ~~9 ~ ~ ~ . Not+ry Pu ~nd fw tM Sute of fbrida at Lup~ AI!y Canmission expires: Retum Ta ' ;i~T~.BY PD3LtL', ai:~~ OF FLOE:,~A ~ LAaif Fnt F~denl Savirgs a tosn AssociaYan MY COMMI5SION EXPIRES NOY. ~ tyl[ Of FOIf PiNtl. qNDED TIIROt:GM FitEO M~ n~ESTELMONa . . iort.Pierce. Florida ' _ This Instrument Prepared By ~j, D. Chastain ~ F6rst Federal Snvings ~ loan Association • of Fort Pieroe ~ Rlotida $oox 180 ~AC~~55~ Checked By . ~ ~ ~ s .~3 ~ , ~ia- i , ' ~ i _ ~ ,.x ~ . ~ '~"t'`~'ls ;x i